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Blue Vein Discovery Expands with 2nd Bonanza Grade Gold Hit

In This Article:

HIGHLIGHTS

  • 4 new drill-hole assay results from recent drilling at the Elizabeth Gold Project (EZ21-22, EZ21-23, EZ21-24, EZ21-25)

  • Intersection highlights include:

    • EZ-21-25 (Blue Vein 111.0m to 113.7m drill depth) intersects

      • 13.4g/t gold over 2.70m, including

      • 71.3g/t gold over 0.50m

    • EZ-21-23 (SW Vein 145.0m to 149.1m drill depth) intersects

      • 1.83g/t gold over 4.10m, including

      • 4.98g/t gold over 0.70m

  • EZ-21-25 represents the second ‘bonanza' grade gold intersection at the Blue Vein since its discovery hole (EZ-21-12, announced 27 September 2021), which returned 33.7g/t gold over 1.0m, approximately 40 metres along strike to the south west

  • Assays from 5 additional drill-holes, including 2 from the Blue Vein remain pending

PERTH, AUSTRALIA / ACCESSWIRE / January 27, 2022 / Tempus Resources Ltd ("Tempus" or the "Company") (ASX:TMR)(TSXV:TMRR)(OTCQB:TMRFF) is pleased to announce the release of 4 drill-hole assay results from the Phase 1 drill program at its Elizabeth-Blackdome Gold Project in Southern British Columbia. A total of 39 drill-holes (9,826 m) were completed in the Phase 1 drill program, starting from November 2020. In the 2021 drill season, 28 drill-holes were completed totalling 7,820 metres and there were 11 drill-holes completed in November - December 2020, totalling 2,006 metres. Drill collar information can be seen in Appendix 1, Table 1.

Tempus President and CEO, Jason Bahnsen, commented "EZ-21-25 being reported today shows high-grade continuity of the newly discovered Blue Vein, including a ‘bonanza' grade sub-intersection. We're very excited to have this result approximately 40 metres along strike from the Blue Vein discovery hole (EZ-21-12) that we announced four months ago, which was also ‘bonanza' grade. We are also delighted with the mineralised intersection in EZ-21-23, which continues to develop the mineralised package at the SW Vein. We are now awaiting for assay results for 5 additional drill-holes from the 2021 drilling program including 2 that targeted the Blue Vein."

Blue Vein Drilling

The Blue Vein was discovered with drill hole EZ-21-12 (announced 27 September 2021), with an intersection of visible gold returning 33.7 grams per tonne gold over 1.0 metre from 117.8 metres.

The drill assay results released today include drill holes EZ-21-24 and EZ-21-25 targeting the Blue Vein.

EZ-21-25 intersected a 2.70 metre quartz vein zone grading 13.4 grams per tonne gold from 111.00 metres, including 71.3 grams per tonne gold over 0.50m from a drill depth of 111.50 metres. The EZ-21-25 result, expands the known high grade gold mineralisation at Blue Vein approximately 40 metres along strike from the discovery hole.